dmertz
Level 15
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Retirement tax questions

Yes, provided that box 1 of your W-2 shows enough compensation to support the contribution.  The overall contribution limit for someone over age 50 in 2024 is $8,000.  However, because you are covered by a workplace retirement plan, the traditional IRA contribution might partially or fully nondeductible depending on your modified AGI for the purpose and your filing status.

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